BCS Wealth Management Reduces Stock Position in Vanguard Growth ETF (NYSEARCA:VUG)

BCS Wealth Management trimmed its holdings in shares of Vanguard Growth ETF (NYSEARCA:VUG) by 1.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,356 shares of the company’s stock after selling 157 shares during the period. Vanguard Growth ETF comprises approximately 1.2% of BCS Wealth Management’s holdings, making the stock its 21st biggest holding. BCS Wealth Management’s holdings in Vanguard Growth ETF were worth $4,582,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of VUG. JPMorgan Chase & Co. increased its stake in shares of Vanguard Growth ETF by 11.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,680,340 shares of the company’s stock worth $645,133,000 after purchasing an additional 178,595 shares in the last quarter. Tallon Kerry Patrick acquired a new stake in Vanguard Growth ETF during the fourth quarter worth approximately $243,000. Capital & Planning LLC boosted its position in Vanguard Growth ETF by 8.0% during the fourth quarter. Capital & Planning LLC now owns 16,487 shares of the company’s stock worth $6,767,000 after acquiring an additional 1,223 shares during the last quarter. Ironwood Wealth Management LLC. boosted its position in Vanguard Growth ETF by 6.1% during the fourth quarter. Ironwood Wealth Management LLC. now owns 1,422 shares of the company’s stock worth $583,000 after acquiring an additional 82 shares during the last quarter. Finally, LaFleur & Godfrey LLC boosted its position in Vanguard Growth ETF by 5.2% during the fourth quarter. LaFleur & Godfrey LLC now owns 3,733 shares of the company’s stock worth $1,532,000 after acquiring an additional 183 shares during the last quarter.

Vanguard Growth ETF Stock Performance

Shares of NYSEARCA VUG opened at $421.99 on Friday. Vanguard Growth ETF has a 1 year low of $316.14 and a 1 year high of $429.11. The firm’s 50 day moving average price is $383.72 and its 200 day moving average price is $399.94. The firm has a market cap of $418.21 billion, a P/E ratio of 36.72 and a beta of 1.18.

About Vanguard Growth ETF

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies.